EU Allowance

Environmental policy - carbon pricing - European Union (EU) - Emission Trading Scheme.

(EUA).

In carbon pricing, a European Union Allowance is the right to emit one tonne of carbon dioxide (CO₂), or its equivalent in other greenhouse gases.

At the end of each compliance cycle, all participants in the EU Emissions Trading Scheme must surrender enough EUAs to cover all of their emissions in that cycle.

See also

• Cap and trade
• Carbon Border Adjustment Mechanism
• Carbon credits
• Carbon footprint
• Carbon tax
• Carbon trading
• Emission trading scheme
• Greenhouse gas
• Net zero
• Streamlined Energy and Carbon Reporting
• UK Allowance